What is transposition?
What is transposition?
- Transposition means to change the order of holders of the shares i.e. the first holder may become second holder or third holder and vice versa.
- So if name of the holders in demat account and physical form is not in order then transposition form must be filled. For E.g.: The securities held by A B & C can be dematerialized in an account opened in the combination of A C & B, B C & A, B A & C, C A & B, and C B & A by submitting a transposition form with the demat request form.
- Click
here to download CDSL Transposition form
- Click
here to download NSDL Transposition form.